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Kodak Denies Bankruptcy Rumors
Kodak reassures investors and the media that it is not going bankrupt, despite a challenging financial situation. The company addresses concerns raised by forward-looking statements in its SEC filing and emphasizes its plans to meet debt obligations and maintain operations.
A Legacy of Innovation and Challenges
Although Kodak has a history of innovation in the camera and film industry, it missed opportunities in the digital technology market, allowing competitors to take the lead. While diversifying into chemicals and pharmaceuticals, Kodak remains focused on its core operations and expresses confidence in its ability to sustain stability.
